Unemployment and inflation are an economy’s two most important macroeconomic issues. The federal government’s fiscal policy and the Federal Reserve’s monetary policy try to maintain both a low unemployment rate around a natural rate and a low inflation rate around 2%. 1. Evaluate the historical relationship between unemployment and inflation. (hint: You may start from […]
Assignment 2 Explain how the wage rate is determined in the neoclassical labor market and political economy models. Be sure to explain in what way power does or does enter into these models. Bonus question: can you explain how politics/law (“government” in the Samuels 1989 paper) enters in the one model and not the other?
Real Gross Domestic Product (GDP) Instructions Visit the Census Bureau (NAICS) website and select an industry that has a description. Some of the smaller industries are named, but not described. The industry could be broad, such as industry 11 Agriculture, Forestry, Fishing and Hunting, or it could be narrow, such as industry 112112 Cattle Feedlots. […]
Introduction to Microeconomics Assignment 2 Instructions: You will not need to write more than 3 pages double-spaced. Please upload your paper (in .doc or .docx but not PDF format) on the course website at NYU Classes. cite your paper professionally, being mindful of intext citations. Essay Prompt: Draw on these readings for the paper: Hall, […]
Financial development and growth. Choose 20 indicators of the category of financial depth, efficiency, stability, access, and others that will play an important role from the excel file. There are indicators of access (41), depth (19), efficiency (11), stability (7), and others (22). Need 20 variables to work with. These data should be extracted for […]
Discuss how human behaviour differs from the behaviour of Econs with the aid of examples from the literature. Do you believe that this difference matters? Why?” You should write an 800 – 1000 word essay with the above title, making sure to properly reference any sources you cite. This is a short essay so please […]
Discuss how human behaviour differs from the behaviour of Econs with the aid of examples from the literature. Do you believe that this difference matters? Why? Using literature on behavioural economics, discuss how human behaviour differes form that of Econs. Econs are completely rational, and forward thinking agents in economic models.
Economics Current Events Essay Choose any economics related article Article must have some type of Economic concept Summary should be at least 1 page, double spaced, Times New Roman 12 pt font Possible questions to answer in your summary – Where did the article come from? – What is the article claiming? – Do you […]
“Explain what would be the most effective type of policy for our economy right now(fiscal and monetary). Now, if the economy is in a recession, analyze the role of using fiscal and monetary policy to help stabilize the economy.”a discussion post that has to be answered in 3-4 paragraphs with a minimum of 200 words. […]
Education and Income Inequality Describe how a country can measure its income inequality. Evaluate the effect of income inequality on the U.S. economy, such as unemployment, economic growth, and other economic factors. Estimate the gap between those who hold bachelor’s and higher (master or doctoral) degrees and those who do not. Explain reasons why the […]